Recently, Hunan bokerui New Material Co., Ltd., a holding subsidiary of Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) , received the trial certificate of railway products issued by China Railway Construction Corporation Limited(601186) (CRCC). The dovetail I-C powder metallurgy brake bkr400fa of Fuxing standard EMU developed by bokerui has officially obtained the trial qualification of Fuxing standard EMU with a speed of 250km / h and 350km / h. Previously, bkr380fa, bkr181fa and bkr160fa powder metallurgy brake pads developed by bokerui have successively obtained the railway product certification certificate of 11 models of harmony EMU including crh380b, crh380d and crh3c issued by CRCC.
According to the research of Everbright Securities Company Limited(601788) , in the field of consumable brake pads, Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) with the help of holding Hunan bokerui, is expected to break through the market pattern of brake pads, cut into the standard mobile market and become the mainstream supplier of brake pads. Everbright Securities Company Limited(601788) it is suggested that the development of China's post rail transit market has entered a high-speed growth period, and the high-level repair cycle of EMUs comes as promised. The total scale of the high-level repair market of EMUs from 2021 to 2025 can reach 200 billion yuan, and the replacement of parts is expected to be rapid and large-scale with the development of the maintenance market.
Maintenance business is also an indispensable part of the strategy of Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) "rail transit industry platform". Since 2020, Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) post market business has shown an obvious improvement trend. The data show that at present, the types of Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) products have expanded from 5 in 2016 to 15 in 2020; At the same time, the proportion of revenue from parts replacement has quietly increased. In the first half of this year, in terms of water supply and sanitation system and standby power supply, the company delivered guotie group and Crrc Corporation Limited(601766) level III, IV and V repair projects in batches; In terms of seats, the fifth level repair project of passenger compartment seats of CRRC Changke Co., Ltd., the fourth level repair project of Sifang Bombardier business seats and the third level repair project of business seats of Guangzhou Bureau and Shanghai Bureau were delivered.
Up to now, Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) has more than 80 after-sales service outlets and more than 10 maintenance service stations nationwide, covering 45 cities or regions. Cut into the field of maintenance business accurately, Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) built the whole industrial chain layout of rail transit vehicle equipment manufacturing and maintenance. With the gradual improvement of the company's layout in the field of rail transit core parts, the rapid development of the post rail transit market is expected to become the main driving force for the company's performance growth.
(China Securities Journal · China Securities Network)
